Intuitive Machines Inc
NASDAQ:LUNR
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
I
|
Intuitive Machines Inc
NASDAQ:LUNR
|
US |
Intuitive Machines Inc
Intuitive Machines Inc., rooted in the ethos of a modern-day entrepreneur's vision, stands at the vanguard of the burgeoning space exploration industry. Formed in the early 2010s, the company has steadily carved a niche for itself in the moon-focused sector of aerospace, cultivating a narrative of innovation and ambition. It operates with a singular mission: to return humans and resources to the Moon, not just for curiosity's sake, but to unlock commercial opportunities that were once mere fragments of science fiction. Intuitive Machines engineers spacefaring vehicles and lunar landers equipped with cutting-edge technology, striving to reduce the cost and complexity of lunar missions. Through strategic collaborations with NASA and other aerospace entities, the company leverages contracts for providing robust lunar payload services.
Moreover, Intuitive Machines capitalizes on the rising demand for lunar data and transportation services. Its financial model hinges on a blend of government contracts and private sector deals, serving as a transportation and logistics partner for stakeholders with lunar ambitions. By designing modular, reusable landers like the Nova-C, it positions itself as a vital link in the supply chain for lunar exploration. As the thirst for lunar minerals, scientific discovery, and deeper space research swells, Intuitive Machines charts its course by offering a range of services, from precise lunar landings to data collection and satellite deployment, ensuring not just its relevance in the current market but a lucrative foothold in the space economy's future.
Intuitive Machines Inc., rooted in the ethos of a modern-day entrepreneur's vision, stands at the vanguard of the burgeoning space exploration industry. Formed in the early 2010s, the company has steadily carved a niche for itself in the moon-focused sector of aerospace, cultivating a narrative of innovation and ambition. It operates with a singular mission: to return humans and resources to the Moon, not just for curiosity's sake, but to unlock commercial opportunities that were once mere fragments of science fiction. Intuitive Machines engineers spacefaring vehicles and lunar landers equipped with cutting-edge technology, striving to reduce the cost and complexity of lunar missions. Through strategic collaborations with NASA and other aerospace entities, the company leverages contracts for providing robust lunar payload services.
Moreover, Intuitive Machines capitalizes on the rising demand for lunar data and transportation services. Its financial model hinges on a blend of government contracts and private sector deals, serving as a transportation and logistics partner for stakeholders with lunar ambitions. By designing modular, reusable landers like the Nova-C, it positions itself as a vital link in the supply chain for lunar exploration. As the thirst for lunar minerals, scientific discovery, and deeper space research swells, Intuitive Machines charts its course by offering a range of services, from precise lunar landings to data collection and satellite deployment, ensuring not just its relevance in the current market but a lucrative foothold in the space economy's future.
Acquisitions: Closed KinetX last year and Lanteris on January 13, 2026, positioning the company as a larger space infrastructure prime.
2026 Guide: Revenue expected to be $900 million to $1.0 billion with a target of positive adjusted EBITDA for the full year.
Near Space Network: Building lunar data relay satellites (first of five) to create a "space-from-space" communications network and pursue recurring subscription services.
Q4 / FY Results: Q4 revenue $44.8M, Q4 gross margin $8.5M (19%), operating loss $33.1M, adjusted EBITDA negative $19.1M; FY free cash flow negative $56M (improved $11.2M vs 2024).
Backlog & Visibility: Year-end backlog $213.1M (combined backlog as of February ~ $943M); ~50%–65% of 2026 revenue already supported by contracted backlog.
Balance Sheet: Year-end cash $583M; after Lanteris purchase and $175M capital raise, cash was $272M at end of February.
Market Mix & Growth Drivers: Combined company mix ~40% commercial, 40% civil, 20% national security; SDA Tranche 3 award and other national security wins expected to drive growth.
